Historic South African rand Salvadoran Colón

South African rand salvadoran colón history for December 2023. The highest quote for this month is 0.47861 (30/12/2023) and the lowest 0.47861 (30/12/2023). The difference between high and low is 0.

ZAR SVC average rate for December 2023 is 0.46315, the change between 01/12/2023 and 31/12/2023 is -5.68 %.

01 December 20231 ZAR = 0.4529 SVC
02 December 20231 ZAR = 0.4696 SVC
03 December 20231 ZAR = 0.4696 SVC
04 December 20231 ZAR = 0.4592 SVC
05 December 20231 ZAR = 0.4540 SVC
06 December 20231 ZAR = 0.4500 SVC
07 December 20231 ZAR = 0.4504 SVC
08 December 20231 ZAR = 0.4538 SVC
10 December 20231 ZAR = 0.4611 SVC
11 December 20231 ZAR = 0.4519 SVC
12 December 20231 ZAR = 0.4475 SVC
13 December 20231 ZAR = 0.4506 SVC
14 December 20231 ZAR = 0.4572 SVC
15 December 20231 ZAR = 0.4657 SVC
16 December 20231 ZAR = 0.4770 SVC
17 December 20231 ZAR = 0.4770 SVC
18 December 20231 ZAR = 0.4690 SVC
19 December 20231 ZAR = 0.4591 SVC
20 December 20231 ZAR = 0.4651 SVC
21 December 20231 ZAR = 0.4674 SVC
22 December 20231 ZAR = 0.4696 SVC
23 December 20231 ZAR = 0.4745 SVC
24 December 20231 ZAR = 0.4745 SVC
25 December 20231 ZAR = 0.4626 SVC
26 December 20231 ZAR = 0.4631 SVC
27 December 20231 ZAR = 0.4584 SVC
28 December 20231 ZAR = 0.4650 SVC
29 December 20231 ZAR = 0.4620 SVC
30 December 20231 ZAR = 0.4786 SVC
31 December 20231 ZAR = 0.4786 SVC

23/03/2020: COVID-19 Pandemic Impact

The rand experienced significant volatility and depreciation as a result of the COVID-19 pandemic, affecting the country's economy and trade balance.

15/12/2008: Global Financial Crisis Impact

The rand plunged against major currencies due to the global financial crisis and concerns about South Africa's economic stability.

09/11/2001: Rand Weakens to Record Low

The rand weakened to an all-time low against the US dollar, due to global economic uncertainty and domestic political concerns.

01/01/1995: Establishment of Reserve Bank Independence

The South African Reserve Bank gained independence, allowing it to have more control over monetary policy.

27/04/1994: First Democratic Elections

The first democratic elections were held in South Africa, marking the end of apartheid and bringing political stability, positively affecting the rand's value.

01/08/1982: Currency Decimalization

The rand was decimalized, with 1 rand being equal to 100 cents.

14/09/1961: Introduction of the Rand

The South African rand was introduced as the official currency, replacing the South African pound.